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Becker Hospital Review, Feb 2017
Eliminate waste from expired items by putting them to use elsewhere or receive vendor credit or trade.
Know an item is going to expire before the date so you can act prior to a high-value loss.
Significant reduction labor hours through automation and optimization.
Best action is displayed during check rather than relying on an individual employee's decision.
Provide 100% accountability that only current supplies are on supply shelves.
Only items requiring action before next check date are checked rather than every item, every time.
“The vast majority of losses due to expiration are avoidable. And cost avoided by controlling expirations goes right to the bottom line.”
Healthcare Purchasing News, Sept 2016
As much as “7% to 10% of products likely expire on hospital shelves.”
Diagnostic and Interventional Cardiology, Oct 2016